This paper applies two alternative methods of estimation, viz., fully modified OLS (FMOLS) and generalized method of moments (GMM), to analyse the determinants of the capital structure of Indian firms using a panel of 1169 non-financial firms listed in either the Bombay Stock Exchange or the National Stock Exchange over the period 1995–2008. The results thus obtained are robust across the estim...

This paper examines some of the major economic and institutional determinants foreign direct investment (FDI) flows to Chile during 2000s. It reports econometric results which suggest that standard variables changes in institutional-legal status capital are, large measure, responsible for rapid increase FDI leading sectors Chilean economy. Cointegration analysis presence structural breaks FMOLS...

To examine the long-term causality between Cardiorespiratory Electromyography Galvanic signals for 17 drivers taken from Stress Recognition in Automobile Drivers database. Methods: Two statistical methods, co-integration to reveal an eventual existence of a long-term relationship between ECG (Electrocardiograph), EMG (electromyography), GSR (galvanic skin resistance), heart rate (HR) and respir...

This study investigates the dynamics of foreign direct investment (FDI) inflows into Central and Eastern European countries (CEECs) using panel data (1994–2020) analysis methods such as fixed effects, fully modified ordinary least squares (FMOLS) random effects. Specifically, examined what factors could account for mixed pattern FDI CEECs. The results from existing empirical literature on inflo...

The demand for money (M1) for the USA is estimated with annual data from 1960-2008 and its stability is analyzed with the extended Gregory and Hansen (1996b) test. In addition to estimating the canonical specification, alternative specifications are estimated which include a trend and additional variables to proxy the cost of holding money. Results with our extended specification showed that th...

Bu çalışmanın amacı Türkiye’deki enerji tüketimi ve küreselleşme arasındaki uzun dönemli ilişkiyi 1987-2018 dönemi için araştırmaktır. bağlamda Johansen Juselius (1990) tarafından geliştirilen eşbütünleşme testine başvurulmaktadır. Değişkenler ilişki kısa dönem VECM'ye bağlı Granger nedensellik ile sınanmaktadır. Uzun katsayıları ise Dinamik En Küçük Kareler (DOLS) Modifiye Edilmiş Sıradan Yönt...